THE SCENARIO
It's Open Enrollment time for health insurance again, and yet again the premiums have gone up significantly. My plan is a Platinum HMO plan, and it's significantly expensive - to cover both me and my wife, it costs a huge portion of my gross income. Governmental subsidies undeniably help, but the payment is my largest monthly expense outside of my mortgage - by a lot. Because the cost of my plan is going up by about 20% in 2018, and my income may not go up by 20%, it's time to evaluate other options.
So I decided to compare my current plan with a Gold plan with the same HMO. That way, even if I switch plans, I won't have to switch doctors, medical groups,
dentists, or otherwise endure the disruption and confusion that completely switching can incur.
The premiums and out-of-pocket m...
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